Transport & Haulage

2nd Mortgage - Low Doc | $270,000

Project Background

Our Transport & Haulage Business had multiple trucks sidelined due to mechanical failures, significantly impacting our ability to service contracts. We had key clients depending on them, delays in repairs would have led to lost revenue at our busiest time.

Cheers Mike…

A logistics and transport company needing urgent funds for fleet repairs.

Objectives

The company required fast capital to repair its fleet and keep deliveries on schedule, ensuring business continuity.

Key Features Delivered

Speedy provided a Low Doc second mortgage loan, securing funding against the business owner’s real estate. Funds were made available within 48 hours, allowing repairs to commence immediately.

Results

Transport & Haulage restored full fleet operations within a week, avoiding contract losses and retaining their key clients. Their business remained stable, and they successfully secured additional logistics contracts in the following months.